is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Overall, 2014 was a year of great progress for the Facebook community. 1.39 billion people now use Facebook each month and 890 million people daily, an increase of 165 million monthly actives and 133 million daily actives this year.
Facebook Inc (NASDAQ:FB) released its latest earnings report after closing bell tonight, posting adjusted earnings of 54 cents per share, a 69% improvement, on revenue of $3.85 billion, a 49% year over year increase.
Facebook Inc.'s stock price fell more than 1 percent in extended-hours trading Wednesday, while shares of Qualcomm Inc. plunged 7 percent after both technology companies reported mixed earnings results after the closing bell.